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Airlines set to earn 2.7% net profit margin on record revenues in 2024: IATA
Addis Ababa, December 6, 2023 (FBC) – The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely…
Africans urged to tap their immense trade, investment potential by addressing challenges
Addis Ababa, December 4, 2023 (FBC) – There is immense potential for trade and investment in Africa , while addressing the challenges and opportunities that lay ahead, Chairman and CEO of…
Ethiopian Airlines to introduce a new freighter route to Casablanca, Morocco
Addis Ababa, December 3, 2023 (FBC) - Ethiopian Airlines announced preparation to introduce a new freighter route to Casablanca, Morocco, the first of its kind in the Maghreb region. …
China keen on elevating trade relations with Ethiopia
Addis Ababa, December 2, 2023 (FBC) – Agricultural and Rural Development Standing Committee of the National People’s Congress affirmed China’s commitment to elevate its existing trade…
Saudi businesses invited to invest in agriculture, mining sectors in Ethiopia
Addis Ababa, December 1, 2023 (FBC) - Ambassador Lencho Bati participated in the Jezan Investment Forum held for two days in Jezan, Saudi Arabia.
During the sideline meeting, Ambassador…
Ethiopia, Pakistan trade agreement to take bilateral relations to new level, Says Minister
Addis Ababa, November 29, 2023 (FBC) - The trade agreement signed between Ethiopia and Pakistan in February, 2023 would enhance the bilateral relationship between the two countries to a new…
Ethiopia to add three more flight destinations in France
Addis Ababa, November 29, 2023 (FBC) – Ethiopian Civil Aviation Authority has signed MoU with its French counterpart to add three more flight destinations in France.
The agreement also…
IPDC briefs French business delegation on investment opportunities in Ethiopia
Addis Ababa, November 29, 2023 (FBC) – Industrial Parks Development Corporation of Ethiopia (IPDC) and Ethiopian Investment Commission (EIC) briefed French manufacturing companies and…
Ethio-Djibouti Railway surpasses plan for first quarter
Addis Ababa, November 27, 2023 (FBC) - The Ethio-Djibouti Railway Share Company (EDR) said it has obtained 998.13 million Birr in the first quarter of the current Ethiopian fiscal year…
Ethiopia earns over 63.6mln USD from gold exports in three months
Addis Ababa, November 27, 2023 (FBC) – Ministry of Mines stated that Ethiopia has earned more than 63.6 million USD from gold exports during the first quarter of the fiscal year.
While…